Short Term Electric Load Forecasting Based on Data Transformation and Statistical Machine Learning

Autor: Sophia Daskalaki, Christos Valouxis, Alexios Birbas, Aristeidis Magklaras, Michael Birbas, Efthymios Housos, Nikos Andriopoulos, George P. Papaioannou, Alex D. Papalexopoulos
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Electrical load
Computer science
020209 energy
Data transformation (statistics)
02 engineering and technology
Machine learning
computer.software_genre
7. Clean energy
lcsh:Technology
lcsh:Chemistry
statistical analysis
short-term electrical load forecasting
0202 electrical engineering
electronic engineering
information engineering

Feature (machine learning)
General Materials Science
Instrumentation
lcsh:QH301-705.5
Fluid Flow and Transfer Processes
Artificial neural network
business.industry
lcsh:T
Process Chemistry and Technology
Deep learning
020208 electrical & electronic engineering
General Engineering
deep learning
Grid
lcsh:QC1-999
Computer Science Applications
Term (time)
Smart grid
machine learning
lcsh:Biology (General)
lcsh:QD1-999
lcsh:TA1-2040
Artificial intelligence
business
LSTM
lcsh:Engineering (General). Civil engineering (General)
computer
CNN
lcsh:Physics
parameters tuning
Zdroj: Applied Sciences, Vol 11, Iss 158, p 158 (2021)
Applied Sciences
Volume 11
Issue 1
ISSN: 2076-3417
Popis: The continuous penetration of renewable energy resources (RES) into the energy mix and the transition of the traditional electric grid towards a more intelligent, flexible and interactive system, has brought electrical load forecasting to the foreground of smart grid planning and operation. Predicting the electric load is a challenging task due to its high volatility and uncertainty, either when it refers to the distribution system or to a single household. In this paper, a novel methodology is introduced which leverages the advantages of the state-of-the-art deep learning algorithms and specifically the Convolution Neural Nets (CNN). The main feature of the proposed methodology is the exploitation of the statistical properties of each time series dataset, so as to optimize the hyper-parameters of the neural network and in addition transform the given dataset into a form that allows maximum exploitation of the CNN algorithm&rsquo
s advantages. The proposed algorithm is compared with the LSTM (Long Short Term Memory) technique which is the state of the art solution for electric load forecasting. The evaluation of the algorithms was conducted by employing three open-source, publicly available datasets. The experimental results show strong evidence of the effectiveness of the proposed methodology.
Databáze: OpenAIRE